Forwardly Inc (FORW)

[Kaibr]

Don't ignore the ventilator.

At most you have half a billion vaccines by early 2020. Population is 7.5 billion.

Moreover, A new report has found that as many as 90 percent of the population in dozens of poorer countries will miss out on the coronavirus vaccine next year because most of the supply has already been taken by rich nations.

The People’s Vaccine Alliance says that rich countries have hoarded enough doses to vaccinate their entire populations nearly three times over.

That leaves at least 67 poor countries with only enough to vaccinate one out of 10 people, unless governments and the pharmaceutical industry take urgent action, the alliance, which includes Amnesty International and Oxfam, warned.

Five of the 67 – Kenya, Myanmar, Nigeria, Pakistan and Ukraine – have reported nearly 1.5 million coronavirus cases between them.

In contrast, rich nations and economies that are home to 14 percent of the global population had bought 53 percent of the total stock of the most-promising vaccines as of last month.

So the long term need for an affordable ventilator is a market that has barely been scratched.

If it gets approved...sales are not an issue.